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'Turkish Central Bank to continue monetary tightening'
- Claim that there is $128B deficit in Central Bank's foreign exchange reserves is untrue, says governor
Turkish Central Bank keeps interest rates unchanged
- Policy rate, also known as 1-week repo rate, stands at 19% in line with market expectations and tight monetary policy stance
Libya records 92% loss of oil, gas revenues in 2020
- NOC struggles to control oil fields, storage tanks, pumping stations, pipelines and ports, and lacks money for repairs
Iran oil revenue down over 50% since 2018: Central Bank
- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal
Iraq’s central bank devalues national currency
-Iraq says devaluation is necessary to overcome economic crisis brought by low oil prices
Meeting on reviving Libya’s economy ends in Geneva
- Economic, banking, oil and finance officials from all sides agree to January meeting to continue quest to resolve crises
Turkey dismisses governor of central bank
- Former Finance Minister Naci Agbal appointed to post
Turkey's manufacturing capacity up in September
- Manufacturing capacity utilization rate rises to 74.6% in September, says Turkish Central Bank
24.09.2020
Turkey
Turkey: Central Bank to halve overnight borrowing limits
- Further tightening liquidity conditions through cutting limits aims to support Turkish lira
18.08.2020
General
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Turkish Central Bank halves open market liquidity limits
- Cutting liquidity limits offered to primary dealers so as to tighten liquidity conditions to back Turkish lira
Turkish Central Bank posts $86.3B in June reserves
- Foreign currency reserves amount to $45.8B, gold reserves $39.1B, official data show
Turkish CB expects positive current balance in 2nd half
- In 2nd half of year, amid normalization, demand-side disinflationary effects will grow more evident, says Central BankBrussels briefing, June 8
08.06.2020
Reports
Eurozone GDP to narrow by 8.7% in 2020: Lagarde
- There has been abrupt drop in economic activity due to pandemic, measures to contain it, head of European Central Bank says
Turkey: External assets hit $233.8B in March
- Country's net international investment position improves to minus $314.7B in March
Turkish Central Bank lowers interest rates by 50bps
- Policy rate, also known as one-week repo rate, down to 8.25% from 8.75%
European Central Bank keeps rates unchanged
- Interest rates on main refinancing operations, marginal lending, deposit facility at 0.00%, 0.25%, -0.50%, respectively
Turkey's annual inflation to fall in April: Survey
- Group of economists surveyed by Anadolu Agency project monthly inflation in April to rise 0.72% from March
Europe's central bank to adopt 'wait and see policy'
- ECB not expected to take additional measures against virus-driven economic crisis at Thursday's meeting, say economists
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Turkey's current account posts $1.23B deficit in Feb
- Figure up from $117 million in February 2019, says country's central bank
Turkish Central Bank unveils new measures on COVID-19
- Steps back monetary transmission mechanisms, banks' flexibility in liquidity management, uninterrupted credit flow
Turkish Central Bank cuts policy rate full point amid virus fears
- In line with other central banks, Turkey's CB also holds emergency meeting, cutting its policy rate from 10.75 to 9.75
Turkey to post $1.2B current account surplus: Survey
- Anadolu Agency survey finds 2019 surplus estimates vary between $0.8B and $1.7B
Economies infected with uncertainty from coronavirus
- In short term, coronavirus could have positive impact on Turkish economy, but in long term, it carries some risks, observers say
31.01.2020
World
Interest pressure on market dismissed: Turkish official
- Treasury and finance minister says interest rates lowered by 1,200 basis points during last five months
13.12.2019
General
European Central Bank holds key interest rates stable
- Interest rates on main refinancing operations, marginal lending, deposit facility at 0.00%, 0.25%, -0.50%, respectively
12.12.2019
General
Turkish Central Bank lowers interest rates 200 bps
- Policy rate, also known as one-week repo rate, falls to 12% from 14%
12.12.2019
General
ECB chief: World economy hits demand for eurozone goods
- Eurozone's weak growth stems from global factors, says European Central Bank's president